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Pivot or Persevere? 3 Hard Truths for Business Owners
Pivot or Persevere? 3 Hard Truths for Business Owners

Forbes

time14-05-2025

  • Business
  • Forbes

Pivot or Persevere? 3 Hard Truths for Business Owners

Every founder hits a moment when momentum slows, ideas stall, and you're stuck between forcing ... More growth or finally letting go. Every business owner hits this point eventually: the uneasy moment when momentum slows, ideas stall, and you're stuck between forcing growth or finally letting go. You've poured everything into the business. And yet, something's off. Revenue plateaus. Energy dips. Vision fades. Is this just a rough patch... or a red flag? Should you pivot or persevere, or exit altogether? The hardest part of being a freedom-driven entrepreneur isn't the building, it's the knowing. Knowing when to double down. Knowing when to switch gears. Knowing when to walk away. If you've ever felt torn between pivoting, persevering, or exiting, here are three brutally honest questions to ask before you make your next move. There's a fine line between a rough season and a dead end. Successful founders know how to ride the waves of entrepreneurship, but they also know when they're swimming against the current. If you're honest with yourself, is this a temporary dip or a long-term decline? Rebecca, a client who ran a successful service business for eight years, said it best: 'Time can pass, and there can be no growth. That's the warning sign most of us ignore.' She had tried everything: new marketing funnels, new hires, new positioning. But under the surface, she was emotionally checked out, and the numbers reflected it. If your business has felt stagnant for longer than you're willing to admit, answer these 3 questions to gain clarity: If even one of these hits close to home, it's not a signal to hustle harder, but instead to pause. Assess whether you're keeping the business alive out of obligation, not opportunity. Staying stuck too long drains not just your bank account, but your potential. The goal isn't to be a hero who 'never quits.' The goal is to grow—whether that means scaling up or stepping away. Let's get this out of the way: you don't need to be a sales expert to make money. But if you're still undercharging or awkwardly selling your services, there's a good chance your confidence is keeping your business small. One founder told me he felt 'weird' raising his prices, so he tested a simple approach: after every successful sales call, he bumped his rate by 5%. No big launch. No new offer. Just one confident shift. 'Each new sales call, I raised the price a little bit.' he said. Within a few weeks, he'd doubled her revenue, without changing anything but his tone. The truth? You don't need permission to charge more. You don't need a perfect sales page or a huge audience. You need a message you believe in and a price that matches the value. Here's what I recommend to business owners who want to break through the revenue ceiling: Remember this: pricing is a reflection of how much you believe in the thing you've built. You've probably said it or thought it: 'Nobody can sell this like I can.' And you're not wrong, at least not in the beginning. Founders usually are the best salespeople, because they know the offer inside out. They've lived the transformation. They speak from passion, not a script. But here's the problem: being the only person who can sell is a bottleneck disguised as a badge of honor. You don't need to disappear from sales. You just need to stop being the only one who can close a deal. Here's the roadmap I give to business owners who want to extract themselves from the sales seat, without tanking revenue: It's all about reclaiming your time. Because if the business depends on you to sell, it's not scalable. And if it's not scalable, it's not sellable. Let's kill the myth that an exit only counts if it's big, flashy, and splashed across TechCrunch. In reality, most meaningful exits are quiet: I've worked with dozens of freedompreneurs whose exits didn't involve private equity deals or giant checks. But their exit were life-changing. They unlocked space. Flexibility. A next chapter. That's the kind of exit that matters. You don't need to hit a certain number to walk away with pride. You need to know what success looks like for you—and build toward it on purpose. Some exits happen through acquisition. Some through succession. Others through graceful liquidation or reinvention. What matters is that you're not clinging to something that no longer fits just because it used to define you. If you're building your business around a lifestyle, not just a valuation, remember: exiting isn't failing. It's finishing. There's a moment in every founder's journey when they feel stuck in the loop. Should I stay or should I go? Should I launch something new—or shut it all down? Should I raise my prices—or pull back completely? When you're in that fog, emotion takes the wheel. You start reacting instead of deciding. And indecision costs more than a wrong move. It robs you of momentum. The antidote? Clarity. Set a decision timeline. Define what success looks like: financially, emotionally, energetically. And ask the three questions we've explored here. Am I facing a fixable slump—or a deeper misalignment? Is pricing a confidence issue—or a real market objection? Have I built a business that depends on me—or one that can outgrow me? The goal isn't to force a decision today. The goal is to stop drifting and start choosing. Because sometimes the most strategic move isn't pivot or persevere. Sometimes, it's stepping back so you can move forward. And when you do that with intention, you'll stop asking 'Should I quit?' and start asking 'What's next?'.

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